Sealand has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 June 2020.
Sealand used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 241.48 USD/TON. The details on the period and reference ports used for the calculation can be found in the table below.
Fuel type | Period | ROT | SIN | PAN | Average |
VLSFO | 26 Feb'20 - 25 MAR'20 | 300.76 | 345.81 | 388.86 | 345.14 |
VLSFO | 26 MAR'20 - 25 APR'20 | 212.00 | 244.86 | 267.57 | 241.48 |
The BAF will be applicable to all contracts with validity longer than three months, and the tariff values can be found in the table below:
Scope | BAF DRY+ Special Equipment + NOR | BAF REEF | |||||
20DV | 40DV | 40HC | 45HC | 20REEF | 40REEF | ||
North America (United States, Canada, US Virgin Islands, Central America, Mexico, Caribbean, WCSA to East Coast South America | USD | 73 | 145 | 145 | - | 109 | 217 |
North America (United States, Canada, US Virgin Islands to/from West Coast South America, North Coast South America, Central America, Mexico & Caribbean | USD | 121 | 241 | 241 | 241 | 181 | 362 |
East Coast South America to Central America, Caribbean, Mexico, West Coast South America, North America | USD | 157 | 314 | 314 | - | 236 | 471 |
Intra-Latin America (Central America, Caribbean, Mexico, West Coast South America, North Coast South America) | USD | 61 | 121 | 121 | 121 | 91 | 181 |
CMA CGM informs that effective December 1st, 2024, the RATE RESTORATION INITIATIVE (RRI) will be updated as follows:
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